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Libor rigging News

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 Britain`s markets regulator is seeking to ban former UBS trader Arif Hussein from financial services for allegedly attempting to rig Libor benchmark interest rates - a move described by Hussein as a "gross misrepresentation"
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A trader who worked for UBS and Citigroup was jailed Monday for 14 years by a London court after becoming the first person to be found guilty by a jury of rigging the benchmark Libor inter-bank lending rate.
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A trader who worked for UBS and Citigroup on Monday became the first person to be convicted by a jury in Britain of rigging the benchmark Libor inter-bank lending rate.






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